12441 Verdi, Marina Del Rey, California 90066, Marina Del Rey, 90066 - 3 bed, 2 bath

12441 Verdi
Marina Del Rey, California 90066
Property Price
SUMMARY
Analysis of 12441 Verdi, Marina Del Rey, California 90066 is currently available with a list price of $1,350,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Marina Del Rey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1953, the property has been fully renovated recently and is presented in turnkey condition. According to the listing, all components are new or virtually new, meeting current quality standards with no deferred maintenance. The renovation includes updated kitchen and bathrooms, new flooring, and modern fixtures, qualifying it for the highest condition rating despite the age of the original structure.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Farragut Elementary School (9/10).
- Ready-to-Issue Expansion Potential
The property includes a Ready-to-Issue (RTI) permit to add 704 square feet, providing a clear path to increase the layout to 4 bedrooms and 4 bathrooms and significantly boost the After Repair Value (ARV) to an estimated $1.8M-$2.1M.
- Versatile Investment Layout
The current configuration offers exceptional flexibility, allowing it to be used as a single-family residence or converted into two separate income-generating units (a 2-bedroom home and a 1-bedroom JADU) with separate addresses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 950, other record living area = 736.
- Cramped Interior Footprint
With the current 3-bedroom, 2-bathroom layout squeezed into only 950 square feet, the individual rooms and living areas may feel undersized for modern buyer expectations.
- Limited Outdoor Space
The modest 3,748 square foot lot provides minimal yard space, which will be further constrained once the permitted 704 square foot expansion is constructed.
About 12441 Verdi
Unlock a lucrative opportunity in Marina del Rey with this fully renovated 3-bedroom, 2-bathroom property, ideally suited for builders and investors looking to maximize their return. Located just minutes from the beach, this property not only offers immediate rental potential but also comes with a ready-to-issue (RTI) permit for an additional estimated 704 square feet, allowing you to expand to a 4-bedroom, 4-bathroom layout. Key Investment Highlights: -Flexible Property Use: The current layout can be utilized as a spacious single-family residence or converted into two rental units: a 2-bedroom, 1-bathroom and a JADU (Junior Accessory Dwelling Unit) with 1 bedroom and 1 bathroom. Both units feature separate addresses while sharing utilities, enhancing rental income possibilities. - Ready-to-Issue Permit (RTI): The property comes with an RTI permit to add an estimated 704 square feet, allowing for a seamless expansion. This expansion can be executed while retaining the existing kitchen and bathrooms, making it an efficient project for builders looking to increase property value quickly. - Projected After Repair Value (ARV): Once expanded to a 4-bedroom, 4-bathroom layout, the property’s ARV is estimated between $1.8 million and $2.1 million. This significant increase in value makes it a compelling investment opportunity. - Prime Location: Situated in the highly sought-after Marina del Rey area, this property is just minutes from the beach, ensuring strong demand and high rental yields. - Turnkey Condition: Fully renovated and move-in ready, this property requires no immediate work, making it an attractive investment for those looking to generate income quickly. - Growth Potential: With the added square footage and resulting ARV, you can significantly enhance the property’s market value, making it an ideal project for savvy investors and builders. This is a prime opportunity for builders and investors to secure a property in a desirable location while benefiting from a straightforward expansion plan. Don’t miss out on the chance to capitalize on this unique investment!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 3,748 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Marina Del Rey Unified Schools
Braddock Drive Elementary School
Grades K-5 • 0.4 mi
Stoner Avenue Elementary School
Grades K-5 • 0.6 mi
Short Avenue Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 950 | 1,826 | 6% |
| Lot Size | 3,748 | 5,742.5 | 6% |
| Price | $1.35M | $2.10M | 15% |
| Price per sq ft | $1.4K | $1.2K | 84% |
| Built year | 1953 | 1952 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 175 | 1% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,350,000
Initial Listing
Sold
Nov 13, 2024
$950,000
Public Record
Sold
Nov 13, 2024
$880,000
Public Record
Sold
Jun 30, 2022
$1,200,000
Public Record
Sold
Jan 12, 2007
$540,000
Public Record





























